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Harvardian estimates not wrong; cash ban cut Rs 1.2 lakh crore from nominal GDP -Dhananjay Sinha

-The Economic Times The enigma around the GDP growth numbers has compounded, as it understated the impact of demonetisation. Eliminating the dissonance created by large revisions, nominal GDP growth in December quarter may have been impacted by 240 bp and 320 bp on a year-on-year and sequential basis, respectively. The 7 per cent real GDP growth print for Q3FY17 released by the CSO on Tuesday gives an impression that the demonetisation shock...

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Indebtedness among Farmers and Agricultural Labourers in Rural Punjab -Gian Singh, Anupama, Gurinder Kaur, Rupinder Kaur & Sukhvir Kaur

-Economic and Political Weekly Gian Singh (giansingh88@yahoo.com), Anupama (anupamauppal@yahoo. com) and Rupinder Kaur (rupinderkaur0076@gmail.com) teach economics at Punjabi University, Patiala; Gurinder Kaur (gurinder2005@yahoo.co.in) and Sukhvir Kaur (drsukhvir.sk@gmail.com) teach economics at Dashmesh Khalsa College, Zirakpur. The paper examines various hitherto unexplored aspects of indebtedness among farmers and agricultural labour households in rural Punjab. It analyses the extent and distribution of indebtedness among farmers and agricultural labourers, their sources of debt and the per...

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In this Bundelkhand Village, a Cry for Food, not Development -Neha Dixit

-TheWire.in Farmer suicides and hunger deaths plague flagship village of SP government. “Have you heard of kangaali mein aata geela? That is our situation,”says Sugha Singh as he sits outside Balwan Singh’s house along with other village men under the tree on a warm February afternoon. He is referring to an old Hindi idiom which means getting into more hardships one after another. They are mourning the death of Munni Devi, 78,...

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By next year, centralised admissions for nursery -Krittika Sharma

-The Times of India NEW DELHI: The Delhi government plans to centralise the nursery admission process starting next academic year. The proposal will enable parents to apply to their schools of choice through a single online platform. The government wants to start the process of collecting data from private schools from April this year, and introduce the system for the 2018-19 academic year. Officials said the centralised system will cover all 1,700 city...

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The devil is in the fine print -Yogendra Yadav

-The Hindu Electoral reforms announced in the Budget are not what they are claimed to be — they will neither cleanse our politics nor bring transparency Given his Interest in cricket, this must be called Finance Minister Arun Jaitley’s ‘doosra’. His announcement on electoral reforms in his Budget speech combined an element of surprise, some degree of deception and a sleight of hand — all that go into a doosra in cricket....

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